The Cleveland Cavaliers and center Jarrett Allen have agreed on a three-year, $91 million maximum contract extension that will guarantee him $131 over the next five years, according to Adrian Wojnarowski of ESPN.
Jarrett Allen has been a key part of the Cavaliers over the last few years, and he was previously under contract through the end of the 2025-2026 season. He is now under contract for three more seasons following that.
For the next two seasons, Allen is scheduled to be paid $20 million, and then the extension will kick in, which comes out to just over $30 million a year. It will be worth monitoring the structure of the deal to see what the cap hit will be for each season.
This offseason, there was some thought that the Cavaliers could consider trading Allen if it presented a way to bring in another talent to improve the team. In the end, Cleveland decided that the best way forward was to extend him.
Allen is entering his age 26 season, and the extension will kick in for his age 28 season and go through his age 30 season. The Cavaliers hope he can be part of a team that is trying to grow into a true NBA title contender in the Eastern Conference with Donovan Mitchell as the centerpiece.
Jarrett Allen's development and role with Cavaliers
Although Allen is still a somewhat younger player at 26 years old, he has been in the league for a while. He came in with the Brooklyn Nets in the 2017-2018 season, and developed over the next few seasons, seeing an increase in points while also receiving votes for the defensive player of the year award.
Allen was a part of a young Nets team that made Brooklyn an attractive destination for Kevin Durant and Kyrie Irving to sign. Eventually, he was involved in a three-team deal with the Nets, Houston Rockets and Cavaliers that landed James Harden in Brooklyn.
Obviously, things did not go well in Brooklyn and that superteam broke up. The Cavaliers are still benefitting, as Allen made an All-Star game in the 2021-2022 season. He and Evan Mobley are key pieces for the Cavaliers, alongside Donovan Mitchell and Darius Garland.
There is some skepticism regarding whether or not the Cavaliers can make a deep playoff run and beat out teams like the Boston Celtics, New York Knicks, Milwaukee Bucks and even the Philadelphia 76ers. It will be interesting to see if any changes are made to the core of players in the near future, but it appears that Allen is here to stay for the foreseeable future.
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